Every weekday on Marketplace, Kai Ryssdal hosts a lively and unexpected exploration of the day’s business and economic news from Wall Street to your wallet.
Airing on Wednesday, Feb. 18, 2015: A year ago, the teen-fad social-media company Snapchat was valued at $10 billion. Its latest investors value it at $19 billion. We look at what’s happened in that time. Is the doubling in valuation due to the discovery of a business model, potential, or momentum among investors? We explore. Plus, we report on a Texas College that is revamping itself as a place where students work their way through four years. This is not just a few hours in the library, rather a significant job at the school— work that will reduce their tuition. Also, the Producer Price Index has released its industrial production and housing starts numbers for January. They’re okay... They're not great. And in aggregate they paint a picture of a still-struggling economy.
Airing on Tuesday, Feb. 17, 2015: Word is that the labor dispute is close to a resolution, so what happens now? We’ll look at how we unwind this beast, including what happens to all the perishable stuff. Plus, a recent ruling by a Texas judge stayed President Obama’s executive action to prevent millions of undocumented immigrants from facing deportation. We look at the ruling’s economic impact. Then, hard drives have been compromised by agencies — possibly governmental — that have embedded malware in the systems. How will these hard drive manufacturers respond to this story? And how will the computer manufacturers that buy these hard drives respond? How can you assure security and reassure consumers? We investigate.
Airing on Monday, Feb. 16, 2015: The Federal Aviation Administration proposed a set of regulations regarding the use of drones, Sunday. We look at what commercial uses are possible under the FAA’s proposed rules, and how the rules would have to change to accommodate the largest proposed use, delivery. Plus, the cyber hackers who stole millions from banks over the past two years are …bank robbers! These hackers stole money digitally by doing many of the same things that bank robbers do. We look at what this means for banks. Also, Egypt is stepping away from the U.S. being its sole supplier of military weaponry. Why did Egypt decide to break the U.S. monopoly and what does it say about the U.S.’s influence in the region. We investigate.
Airing on Friday, Feb. 13, 2015: European leaders are meeting to work out the thorny problem that is the Greek debt. Greece Finance Minister Yanis Varoufakis is an economist who specialized in game theory, so we look at what game theory is and whether Varoufakis is indeed using it in his ongoing negotiations.
Airing on Thursday, Feb. 12, 2015: What happens when your ship comes in, and there’s no one there to unload your goods? We look at the ripple effect of the West Coast port strike. Plus, the choices are shrinking when it comes to online flight and hotel booking services. Weeks after snapping up Travelocity, Expedia announced a $1.6 billion buyout of another competitor, Orbitz, and competing giant Priceline is buying up smaller brands like Kayak. Who’s benefiting from all this? Also, we look at the new $17.5 billion International Monetary Fund loan package given to Ukraine. "It's a tough program, and it's not without risk," says the IMF chief.
Airing on Wednesday, Feb. 11, 2015: New dietary guidelines say cholesterol-rich foods like eggs, lobster and shrimp aren’t necessarily bad for us after all. What kind of ripple effect will these latest guidelines have in the food business? Plus, with Jon Stewart leaving "The Daily Show," we look at the corporate importance of the program in the Viacom universe. Also, the president wants to commit ground troops to combat ISIS. What does that mean in terms of soldiers and logistical support?